HOTEL DES COMTES: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
HOTEL DES COMTES
Largest movements
- Financial fixed assets -€200,000
down €200,000 (-100%), from €200,000 to €0
- Current investments -€91,000
down €91,000 (-20.6%), from €441,000 to €350,000
- Tangible fixed assets -€54,592
down €54,592 (-12.5%), from €437,817 to €383,225
of which Land and buildings: -€33,941
- Receivables within one year +€21,995
up €21,995 (+14.6%), from €150,713 to €172,708
of which Other amounts receivable: +€16,018
- Cash +€20,205
up €20,205 (+53.9%), from €37,484 to €57,689
mainly Investment in fixed assets (net) (+€194,470) and Net result for the year (+€152,580)
- Other debts -€455,446
down €455,446 (-99.8%), from €456,415 to €969
- Reserves +€150,000
up €150,000 (+190%), from €78,872 to €228,872
of which Distributable reserves: +€150,000
- Gross operating margin +€59,090
up €59,090 (+22.2%), from €266,486 to €325,576
- Financial income +€58,864
up €58,864 (+813%), from €7,239 to €66,104
- Taxes +€46,431
up €46,431 (+170%), from €27,386 to €73,817
- Depreciation -€23,406
down €23,406 (-28.0%), from €83,529 to €60,122
- Financial charges -€5,541
down €5,541 (-76.9%), from €7,209 to €1,668
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,281,932 | €969,318 | -€312,615 | -24.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €637,817 | €383,225 | -€254,592 | -39.9% |
| Tangible fixed assets | 22/27 | €437,817 | €383,225 | -€54,592 | -12.5% |
| Land and buildings | 22 | €345,390 | €311,450 | -€33,941 | -9.8% |
| Plant, machinery and equipment | 23 | €33,857 | €36,288 | +€2,430 | +7.2% |
| Furniture and vehicles | 24 | €51,260 | €35,488 | -€15,772 | -30.8% |
| Other tangible fixed assets | 26 | €7,309 | €0 | -€7,309 | -100% |
| Financial fixed assets | 28 | €200,000 | €0 | -€200,000 | -100% |
| Current assets | 29/58 | €644,115 | €586,092 | -€58,023 | -9.0% |
| Stocks and contracts in progress | 3 | €7,155 | €4,206 | -€2,949 | -41.2% |
| Stocks | 30/36 | €7,155 | €4,206 | -€2,949 | -41.2% |
| Amounts receivable within one year | 40/41 | €150,713 | €172,708 | +€21,995 | +14.6% |
| Trade receivables | 40 | €13,828 | €19,805 | +€5,977 | +43.2% |
| Other amounts receivable | 41 | €136,885 | €152,903 | +€16,018 | +11.7% |
| Current investments | 50/53 | €441,000 | €350,000 | -€91,000 | -20.6% |
| Cash at bank and in hand | 54/58 | €37,484 | €57,689 | +€20,205 | +53.9% |
| Deferred charges and accrued income | 490/1 | €7,763 | €1,489 | -€6,274 | -80.8% |
| Total equity and liabilities | 10/49 | €1,281,932 | €969,318 | -€312,615 | -24.4% |
| Equity | 10/15 | €787,294 | €936,071 | +€148,777 | +18.9% |
| Contributions | 10/11 | €283,721 | €283,721 | = | 0.0% |
| Capital | 10 | €283,721 | €283,721 | = | 0.0% |
| Issued capital | 100 | €283,721 | €283,721 | = | 0.0% |
| Revaluation surpluses | 12 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €78,872 | €228,872 | +€150,000 | +190% |
| Non-distributable reserves | 130/1 | €1,872 | €1,872 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,872 | €1,872 | = | 0.0% |
| Distributable reserves | 133 | €77,000 | €227,000 | +€150,000 | +195% |
| Profit (loss) carried forward | 14 | €164,941 | €167,521 | +€2,580 | +1.6% |
| Investment grants | 15 | €9,760 | €5,957 | -€3,803 | -39.0% |
| Provisions and deferred taxes | 16 | €5,028 | €3,069 | -€1,959 | -39.0% |
| Deferred taxes | 168 | €5,028 | €3,069 | -€1,959 | -39.0% |
| Amounts payable | 17/49 | €489,610 | €30,178 | -€459,432 | -93.8% |
| Amounts payable within one year | 42/48 | €489,610 | €30,178 | -€459,432 | -93.8% |
| Trade debts | 44 | €13,154 | €8,481 | -€4,673 | -35.5% |
| Suppliers | 440/4 | €13,154 | €8,481 | -€4,673 | -35.5% |
| Taxes, remuneration and social security | 45 | €20,040 | €20,728 | +€687 | +3.4% |
| Taxes | 450/3 | €12,931 | €11,318 | -€1,612 | -12.5% |
| Remuneration and social security | 454/9 | €7,110 | €9,409 | +€2,299 | +32.3% |
| Other amounts payable | 47/48 | €456,415 | €969 | -€455,446 | -99.8% |
| Remuneration, social security and pensions | 62 | €92,518 | €91,789 | -€729 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,529 | €60,122 | -€23,406 | -28.0% |
| Other operating charges | 640/8 | €10,073 | €13,663 | +€3,590 | +35.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €266,486 | €325,576 | +€59,090 | +22.2% |
| Operating profit (loss) | 9901 | €80,366 | €160,002 | +€79,635 | +99.1% |
| Financial income | 75/76B | €7,239 | €66,104 | +€58,864 | +813% |
| Recurring financial income | 75 | €7,239 | €66,104 | +€58,864 | +813% |
| Financial charges | 65/66B | €7,209 | €1,668 | -€5,541 | -76.9% |
| Recurring financial charges | 65 | €7,209 | €1,668 | -€5,541 | -76.9% |
| Profit (loss) for the period before taxes | 9903 | €80,397 | €224,438 | +€144,041 | +179% |
| Transfer from deferred taxes | 780 | €3,069 | €1,959 | -€1,109 | -36.1% |
| Income taxes | 67/77 | €27,386 | €73,817 | +€46,431 | +170% |
| Profit (loss) for the period | 9904 | €56,079 | €152,580 | +€96,501 | +172% |
| Profit (loss) for the period to be appropriated | 9905 | €56,079 | €152,580 | +€96,501 | +172% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.